A British charity organisation claims that the Euro 2020 football tournament caused a significant increase in gambling problems. According to reports, calls to the National Gambling Helpline rose by 28% during the football tournament in comparison to the same period a year earlier. The charity organisation that runs the service, GamCare, has revealed that the return of live sports in the summer of 2021 is resulting in an increase in dangerous gambling behaviour. Anna Hemmings, the chief executive officer of GamCare, shared that people who had suffered from compulsive behaviour…
Read MoreAuthor: Olivia Cole
UK Firm Gamesys Penalised by New Jersey Regulator for Failure to Prevent Self-Excluded Player from Gambling
UK-based online gaming business Gamesys was fined by the New Jersey Division of Gaming Enforcement (DGE) for failure to prevent a self-excluded gambler from playing online. According to a filing from the New Jersey gambling regulator that went public this month, the British software development firm failed to prevent the self-excluded player from registering accounts and placing wagers on said accounts. At the time of publication, the platforms the self-excluded patron played on remain unknown. The London-listed software company must pay back the losses the excluded gambler incurred while playing…
Read MoreJames Packer Could Need New NSW Casino Regulator’s Approval to Keep His Large Share in Crown Resorts
The New South Wales (NSW) government has accepted all recommendations from the state’s inquiry into Crown Resorts’ money-laundering scandal. One recommendation, in particular, has huge applications for Crown’s major shareholder and Aussie businessman James Packer. One of the 19 recommendations calls for the establishment of an independent casino regulator endowed with the powers of a standing Royal Commission. The new casino regulator will strongly focus on tackling the money laundering dangers associated with the gambling activities in the state, the NSW Minister for Digital and Customer Service Victor Dominello confirmed…
Read MoreAussie Gambling Firm Tabcorp to Bolster Its Sports Betting Business with AI Simulation Programme
Australia’s biggest gambling firm Tabcorp unveiled plans to deploy artificial intelligence (AI) to strengthen its sports betting business as it competes with major rival operators like Ladbrokes and Sportsbet. The multi-billion sports wagering and lotteries group will roll out an artificial intelligence programme that will carry out computer simulations to predict the possible results of US football matches. This will enable the operator to take wagers on more elements of each match. Despite being the country’s largest gambling company, Tabcorp has recently started to lose ground in the highly competitive…
Read MoreGambling Giant Entain Seals Acquisition Deal with Seattle Esports Betting Platform Unikrn
Isle of Man-based gambling giant Entain announced Thursday it has sealed a deal for the acquisition of the esports betting and entertainment company Unikrn. Entain, previously known as GVC Holdings, owns several major betting companies, including Ladbrokes, Sportingbet, Bwin, and partypoker. The international sports wagering and gambling firm offers its products on 27 regulated markets but works towards expanding its operations into 50 more. Yesterday, Entain agreed to purchase the Washington-based start-up esports wagering platform but is yet to disclose any particulars regarding the new deal’s financial terms. Unikrn is…
Read MoreWA Royal Commission Learns Crown’s Australian Resorts’ CFO Did Nothing to Prevent Money Laundering
The Western Australian Royal Commission heard that the person overseeing the finances of two Crown casinos in Australia had been warned of a number of suspicious transactions that could suggest money laundering. He, however, was unable to remember taking any measures to prevent that. The Royal Commission, which is currently investigating Crown Perth for possible violations of the gambling legislation and its casino licence, heard that in October 2014 the former legal boss of the gambling company, Joshua Preston, sent an email to Alan McGregor, asking him for advice about…
Read MoreFlutter Entertainment Reports Record H1 Profits as British Gamblers Lose up to £6 Million Every Day
The owner of popular gambling brands Paddy Power and Betfair – Flutter Entertainment – has seen its profits triple to a record high, while gamblers have been losing £6 million to the group on a daily basis. The gambling giant, which also owns Sky Bet, revealed that the losses generated by its customers in Ireland in the UK increased by one-third to £1.1-billion over the first half of the current fiscal year. The losses, however, helped Flutter Entertainment’s profit increase to a new record high of £77 million. In comparison,…
Read MoreSportsbet Enhances Customer Protection by Launch of New Campaign Promoting Responsible Gambling
Sportsbet – the Australian flagship sports betting brand of Flutter Entertainment – unveiled a new campaign that had been specially designed to promote responsible gambling and fight problem gambling in the country. The popular Flutter Entertainment’s brand has pledged to put more effort into protecting its customers from facing any harm as a result of gambling services. At a time when the company is considered the leader in the Australian online sports betting market, Sportsbet has rolled out its campaign called “Take a Sec before You Bet”, which is aimed…
Read MoreWA Royal Commission Hears Crown Perth’s Responsible Gambling Team Had No Participation in the Casino’s Poker Machine Purchases
West Australia’s Royal Commission has heard that no monthly data highlighting the top spenders on the electronic gaming machines of Crown Perth was passed to the gambling operator’s responsible service of gaming team. Earlier today, James Sullivan, gaming product manager, took part in the ongoing Royal Commission hearing, only to confirm that the aforementioned data was transferred to the gaming machine department of the casino operator. The unit in question was engaged in making an assessment of which games provided in Crown Perth were most popular among the casino’s patrons…
Read MoreWA Royal Commission Hears Crown Resorts Informed Chinese Employees to Keep Low-Key Approach
A witness told the West Australia Royal Commission that employees of Crown Resorts had been warned to hustle up business in China in what was described as a “low-key” way before they got arrested in 2016. The witness also rejected suggestions there were some warning signs for the upcoming arrests at the time. Earlier today, the former CEO of the casino company’s Australian Resorts, Barry Felstead, testified and faced questioning regarding the arrests of 19 Crown Resorts’ employees that resulted in 16 casino workers going to jail. The investigation and…
Read More